REGISTERED NUMBER: 05881028 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024

FOR

LAWRENCE RAND LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mr P N C Lawrence

SECRETARY:

Mrs G E Lawrence

REGISTERED OFFICE:

39 The Metro Centre

Tolpits Lane

Watford

Hertfordshire

WD18 9SB

REGISTERED NUMBER:

05881028 (England and Wales)

ACCOUNTANTS:

Meades Group Limited

39 The Metro Centre

Tolpits Lane

Watford

Hertfordshire

WD18 9SB

FIXED ASSETS

Tangible assets

4

34,361

11,167

CURRENT ASSETS

Debtors

5

270,244

30,455

Cash at bank and in hand

159,309

414,417

429,553

444,872

CREDITORS

Amounts falling due within one year

6

232,187

200,540

NET CURRENT ASSETS

197,366

244,332

TOTAL ASSETS LESS CURRENT LIABILITIES

231,727

255,499

CREDITORS

Amounts falling due after more than one year

7

(207,500

)

(58,446

)

PROVISIONS FOR LIABILITIES

(6,529

)

-

NET ASSETS

17,698

197,053

CAPITAL AND RESERVES

Called up share capital

150

150

Retained earnings

17,548

196,903

17,698

197,053

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 30th September 2025 and were signed by:

Mr P N C Lawrence - Director

1.	STATUTORY INFORMATION

Lawrence Rand Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2023 - 14 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1st January 2024

5,120

17,070

22,190

Additions

6,391

22,708

29,099

At 31st December 2024

11,511

39,778

51,289

DEPRECIATION

At 1st January 2024

3,494

7,529

11,023

Charge for year

939

4,966

5,905

At 31st December 2024

4,433

12,495

16,928

NET BOOK VALUE

At 31st December 2024

7,078

27,283

34,361

At 31st December 2023

1,626

9,541

11,167

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

26,210

17,994

Amounts owed by group undertakings

229,184

-

Other debtors

12,461

12,461

Prepayments

2,389

-

270,244

30,455

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

97,095

37,796

Trade creditors

70,742

11,519

Corporation tax

-

7,222

Social security and other taxes

8,195

12,742

VAT

22,455

40,547

Other creditors

9,115

77,839

Credit card balances

23,759

12,847

Director's current accounts

826

28

232,187

200,540

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans over one year

207,500

58,446

8.	RELATED PARTY DISCLOSURES

The director's current balances of £826 (2023- £28) have no fixed date for repayment, are repayable upon demand and are non-interest bearing.